Eni achieves financial close for Coral South FLNG in Mozambique

Eni, together with its Area 4 Partners, have announced that the Coral South FLNG multi-sourced project financing achieved financial close, for a total amount of US$ 4,675,500,000 split in the … Read More

Anadarko to Spend $150 Million in Mozambique LNG Park in 2018

Area 1 operator Anadarko has said it expects to invest approximately $150 million during 2018 primarily to fund its portion of the costs associated with preparing the site of the … Read More

CGG signs agreement with Mozambique for vast 3D seismic offshore program

CGG has announced that it has signed a multi-client data agreement with Mozambique’s Instituto Nacional de Petroleo (INP) following a competitive tender process held by INP in 2016. As a … Read More

New Evidence Supports Presence of Continental Crust beneath the Comoros

Source: Paper by Bahari for Africa conference in London in August 2017 New basin modeling studies to assess hydrocarbons maturity of the Bahari Resources operated three exploration licences (blocks, 35, … Read More